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Stock Market & Financial Investment News

News Breaks
February 19, 2014
08:13 EDTCWHCorvex and Rleated urge shareholders to elect new board for CommonWealth REIT
In a letter to the shareholders of CommonWelath, Corvex Management and Related Fund Management urged shareholders to vote the GOLD consent card and remove the entire board of CommonWealth. In the letter, Corvex and Related said, "CommonWealth REIT truly needs Board members who are accountable to you, the owners of the company. Our proposed nominees which now include Sam Zell and David Helfand are highly qualified with wide-ranging and relevant experience. Most importantly, they bring a fresh, critical perspective and skillset that will be vital to oversee execution of a strategic plan designed to create value for ALL shareholders."
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